Pac-12 commissioner Larry Scott, to no surprise, applauded the NCAA's decision Thursday to hand over more power to the Power 5 conferences. In a release on the Pac-12's website, Scott expressed optimism regarding the future flexibility the decision provides, allowing a "modern approach" to governance in the NCAA:

"We are delighted that after years of debate, a consensus has emerged that the time has come for a modern approach to governance that recognizes the need to give more flexibility to those conferences prepared to do more for student-athletes and, at the same time, preserves the collegiate model which works so well for the vast majority of Pac-12 student-athletes," Scott said in a statement. "This is a great day for the 7,000 current student-athletes in the Pac-12 and for generations of future student-athletes who will benefit from the educational opportunities and life lessons made possible by college athletics."